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Report: Health law will save Medicare $200B
President Obama’s healthcare reform law will save the Medicare program roughly $200 billion by 2016, according to an analysis from the program’s actuaries. The report, released by the Centers for Medicare and Medicaid Services (CMS), said the law will produce savings for the Medicare trust fund while also saving seniors nearly $60 billion in out-of-pocket costs. The Hill
Submitted 2 years 95 days ago

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Romney rips Obama for imposing ‘onslaught’ of energy regulations
Mitt Romney on Monday accused President Obama of imposing an “onslaught” of regulations and restrictions on domestic energy production. “Holding off on drilling in the Gulf, holding off on drilling in the Outer Continental Shelf, holding off on drilling in Alaska, trying to impose the federal government into ‘fracking’ regulations with regards to natural gas,” Romney said at a western Pennsylvania campaign stop. “Then, of course, all the regulations related to coal, making it harder to mine it, making it harder to use it. These things have made the cost of energy go up,” he added. The Hill
Submitted 2 years 95 days ago

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Average Fortune 500 CEO Now Paid 380 Times As Much As The Average Worker
According to the latest edition of the AFL-CIO’s Executive Pay Watch report, the gap between CEO pay and worker pay expanded last year. In 2011, CEOs in the Fortune 500 made an average of $12 million, about 380 times what the average worker makes: Think Progress
Submitted 2 years 95 days ago

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VA Governor Downplays Mandatory Ultrasounds By Saying It’s Only Required In A ‘Small Minority’ Of Cases
Virginia Gov. Bob McDonnell (R) signed a mandatory ultrasound bill into law last month, which will require all women who have an abortion in the state to have an ultrasound first, after backing off his earlier support for a more far-reaching version of the bill that would have required a more invasive ultrasound. Think Progress
Submitted 2 years 95 days ago

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No sympathy for the creative class
They’re pampered, privileged, indulged – part of the “cultural elite.” They spend all their time smoking pot and sipping absinthe. To use a term that’s acquired currency lately, they’re entitled. And they’re not – after all – real Americans. Salon
Submitted 2 years 95 days ago

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The South's Best Economic Development Law Firms
If your company is undergoing a site search in the American South, this digital magazine of the South's best economic development law firms is a valuable asset. Southern Business & Development magazine recently conducted a survey of the region's economic development community and the results of the survey can be found in this digital magazine. Find out which law firms are considered the best in the practice of economic development. Click on the headline above. SB&D
Submitted 2 years 95 days ago

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Are We Sliding Backward on Teaching Evolution?
Tennessee was the center of the national debate when it prosecuted John Thomas Scopes for the crime of teaching evolution. Now, 87 years after the Scopes “monkey trial,” Tennessee is once again a battleground over the origins of man. This month, it enacted a controversial new law — dubbed the “monkey bill” — giving schoolteachers broad new rights to question the validity of evolution and to teach students creationism. TIME
Submitted 2 years 95 days ago

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Net Migration from Mexico Falls to Zero—and Perhaps Less
After four decades that brought 12 million current immigrants -- more than half of whom came illegally -- the net migration flow from Mexico to the United States has stopped and may have reversed. Pew Research
Submitted 2 years 95 days ago

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NC Gov. Perdue: Ashley Furniture to Create 550 Jobs in Davie County
“North Carolina continues to attract manufacturers that are drawn to our top-ranked business climate and highly-skilled workers,” said Gov. Perdue. “These companies choose North Carolina because of our past investments in education, economic development and in quality infrastructure.” Southern Governor's Association
Submitted 2 years 95 days ago

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Procter & Gamble Becomes 13th Company To Drop ALEC
Joining a dozen other major corporations, Procter & Gamble decided not to rejoin the American Legislative Exchange Council (ALEC) this year, according to a statement from Color Of Change, which launched a campaign against the shadowy right-wing front group behind state laws restricting access to the ballot and “stand your ground” gun laws. The statement: Think Progress
Submitted 2 years 95 days ago

 

 

 

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

In growth, companies find themselves in the dilemma of identifying capital to increase capacity and managing opportunity cost where capital may be deferred. This dilemma is amplified as capacity constraints drive a company to complete the site selection process for an expanding or new facility. 
 

 Randle Report - Business News in the South

 FEATURE  
By Dr. Glen Fenter
Desperation sometimes masks itself in acceptance. Such was the case for Takelia Carter of Marion, Ark. For Carter, the mother of six school-age children in a low paying job, desperation was normative existence. This was her life in Crittenden County, Ark., deep in the Delta where unfortunately one in four families lives well below the poverty level.
 

 Business News in the South - Randle Report

FEATURE     
By Mike Randle
There are numerous factors driving the new industrial revolution in the South. And it is a revolution, as this manufacturing surge that began in 2007 continues to break records year after year in the total number of large, capital intensive projects. One factor, of course, is that reshoring of facilities back to the U.S. continues to grow each year.
 
 Nashville Mayour Karl Dean

We try to change up the categories in our annual Ten Top 10s section, but we always include the "Ten People Who Made a Difference" category. This year though, we are honoring 12 and you will learn why by reading about this group of folks who have made a difference in the South. Here is our annual list that includes executives, economic developers and politicians who have made a difference in the South's economy.


 


 

 

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